IPS Scrap Metal Solution

A simple, effective alternative to cash payments for the scrap metal industry.

Key elements for Electronic payments:

• Full Audit trail of payments

• Re-loadable E-Money products which are issued to named account (which verifies
the customers identification) and undertakes full customer due diligence and 'Know
Your Customer' checks required under the Money Laundering Regulations.

Benefits of the scheme

• Web based system making it quick and easy for you to issue and load cards at the
time of transaction

• User audit trail allows you to know which staff have issued funds and how much